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Rep. Anne Stava-Murray
Filed: 2/28/2022
| | 10200HB4786ham001 | | LRB102 23082 LNS 36978 a |
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1 | | AMENDMENT TO HOUSE BILL 4786
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2 | | AMENDMENT NO. ______. Amend House Bill 4786 by replacing |
3 | | everything after the enacting clause with the following:
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4 | | "Section 5. The Landlord and Tenant Act is amended by |
5 | | adding Section 4 as follows: |
6 | | (765 ILCS 705/4 new) |
7 | | Sec. 4. Payment by electronic funds transfer. |
8 | | (a) As used in this Section, "electronic funds transfer" |
9 | | means a transfer of funds, other than a transaction originated |
10 | | by check, draft, or similar paper instrument, that is |
11 | | initiated through an electronic terminal, telephone, computer, |
12 | | or magnetic tape for the purpose of ordering, instructing, or |
13 | | authorizing a financial institution to debit or credit a |
14 | | consumer's account, including, but not limited to, through the |
15 | | use of an automated clearing house system. |
16 | | (b) A landlord shall not require a tenant or prospective |